618 Mall Promotion in Hangzhou
An e-commerce anchor sold 618 promotional goods on a live broadcast at a mall in Hangzhou, China, on June 18, 2024.
  • China's 618 shopping festival faced challenges, despite creative strategies to attract shoppers.
  • Alibaba, ByteDance, and JD.com offered large discounts amid an uncertain economic environment.
  • By one measure, 618 sales — a barometer of consumer health — fell nearly 7% year-on-year.

China's e-commerce platforms worked hard to attract shoppers during the country's annual 618 shopping festival. But economic troubles got in the way of big sales.